Symrise AG: appointed Olaf Klinger to become chief financial officer (CFO) of the company. He had been with AMEOS, a private clinic operator, where, as a managing executive, he is in charge of the finance department. Before that, he held various mana… Read More »
H2O Plus has signed a long-term lease for new corporate headquarters in the San Francisco Financial District. The company will take 10,000 square feet of space on the top floor of the historic 111 Sutter Street building. H2O Plus anticipates that abo… Read More »
Ulta Beauty’s net sales increased 19.4% to $877 million in the second quarter. Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 10.1% compared to an increase of 9.6% a year ago. Retail comparable s… Read More »
Inter Parfums, Inc. reported second quarter sales decreased 5.2% to $102.0 million; however, sales by US-based operations rose 5.7% to $24.9 million.
Chairman and CEO Jean Madar noted that sales for European-based operations fell due to currency flu… Read More »
ISSA: the worldwide cleaning industry association, appointed John Barrett executive director, effective Sept. 1, 2015. Barrett replaces John Garfinkel, who will work in a consultative capacity through 2016 to facilitate a smooth transition.
Un… Read More »
Skin care, nail polish and lipgloss are just a few components of a new licensing deal between Debra Valencia and Best Accessory Group, Inc. The deal was developed by The Brand Liaison, the exclusive licensing agent for Debra Valencia. Bath and body p… Read More »
For the fourth quarter in a row, Colgate-Palmolive reported a decline in sales. In Q2, sales dropped 6.5% to $4.1 billion. Still, global unit volume grew 3.0% and pricing increased 2.5%, but foreign exchange was negative 12.0%. Operating profit decre… Read More »
Avon Products, Inc. posted loses in its second-quarter 2015 results. However, “our overall second-quarter performance was in line with our expectations in an environment of extraordinary currency pressure,” said CEO Sheri McCoy.
“M… Read More »
After a setting a fast pace in 2014, cosmetic chemical volume slowed in recent months, according to The Specialty Chemicals Market Volume Index, a new tool created by the American Chemistry Council (ACC). From June 2014 to June 2015, cosmetic chemica… Read More »
For the fiscal year 2015, Procter & Gamble reported a 5% decrease in net sales to $76.3 billion.
Within beauty, hair and personal care, organic sales declined 1% as pricing benefits only partially offset lower volume. Innovation-driven sales gro… Read More »